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flag BBC World Service India fined over Rs 3.44 crore for violating foreign investment rules in India.

flag The Enforcement Directorate in India has fined BBC World Service India over Rs 3.44 crore and three directors over Rs 1.14 crore each for alleged violations of foreign direct investment (FDI) regulations. flag The BBC, a 100% FDI company, failed to reduce its foreign investment to the permitted 26% cap as required by Indian regulations. flag The case follows earlier tax department surveys and the release of a controversial BBC documentary on the 2002 Gujarat riots.

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